- 01 Quantum (TSXV:ONE), a pioneering quantum cybersecurity provider, has shared more details about its previously announced qLABS crypto token, the first quantum-resistant governance and ecosystem token for Web3
- 01 Quantum, formerly 01 Communique Laboratory, specializes in post-quantum cybersecurity and remote access solutions
- The quantum computing stock has added 2,250 per cent year-over-year
01 Quantum (TSXV:ONE), a pioneering quantum cybersecurity provider, has shared more details about its previously announced qLABS crypto token, the first quantum-resistant governance and ecosystem token for Web3.
The token, developed in partnership with qLABS, a crypto foundation focused on quantum resilience, will be launched on the Hyperliquid blockchain, granting users protection against quantum threats.
The fixed-supply governance and utility token is designed for long-term value creation, backed by a capped total supply, a token buyback program funded by protocol revenue, staking functionality, a token burning program tied to early unstaking events and major quantum-security milestones, as well as governance rights tied to token ownership ensuring a strong community voice.
According to Thursday’s news release, the companies are in active discussions to roll out a quantum-resistant product suite supported by the token, including a crypto wallet and infrastructure enabling the issuance of new tokens into the Hyperliquid ecosystem.
Management commentary
“The arrival of quantum computing represents a fundamental shift for cybersecurity,” Andrew Cheung, chief executive officer of 01 Quantum, said in a statement. “With qLABS, we are embedding NIST-approved post-quantum cryptography directly into Web3 infrastructure. The qLABS token unites security, utility and governance in a single architecture that future-proofs the blockchain economy. We are now moving from technical readiness into economic utility and value exchange.”
“This design directly links token value to measurable ecosystem growth milestones,” commented Ada Jonuse, executive director of qLABS. “As adoption scales and quantum-risk awareness increases, the deflationary model ensures long-term alignment between network security and holder value.”
“We are building the missing security layer for the world’s most innovative DeFi ecosystem,” added Antanas Guoga (Tony G), president of qLABS. “qLABS ensures that Hyperliquid’s financial applications will stay secure and operable well beyond Q-Day [when quantum computers invalidate modern encryption technology].”
About 01 Quantum
01 Quantum, formerly 01 Communique Laboratory, specializes in post-quantum cybersecurity and remote access solutions.
The quantum computing stock (TSXV:ONE) is up by 10.59 per cent on the news trading at C$0.94 as of 9:49 am ET. The stock has added 2,250 per cent year-over-year.
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